Each year at this time, schoolchildren all over America are taught the official Thanksgiving story, and newspapers, radio, TV, and magazines devote vast amounts of time and space to it. It is all very colorful and fascinating.It is also very deceiving. This official story is nothing like what really happened. It is a fairy tale, a whitewashed and sanitized collection of half-truths which divert attention away from Thanksgiving’s real meaning.The...
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Category Archive: 6b.) Mises.org
Why Communists Don’t Like Thanksgiving
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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Don’t Sell DOGE Short—Yet
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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Thanksgiving Day
[Editor’s note: This article is excerpted from Leggett’s article “Thanksgiving Day,” first published in 1836. Leggett was one of America’s leading Jacksonian free-market journalists in the mid-nineteenth century, and was a committed opponent of central banks, slavery, and corporatism. “The separation of bank and state” was a part of his political creed. In this article, Leggett, true to form, reminds his readers that they do not need either the...
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Ghost Guns and the Second Amendment
The latest boogeyman conjured up by the Biden administration is ghost guns.In his September 26 executive order on “Combating Emerging Firearms Threats and Improving School-Based Active-Shooter Drills,” President Biden mentioned these ominous “ghost guns”:One way to continue the progress on reducing gun violence is to stay ahead of emerging violent crime threats involving firearms. My Administration has always taken these threats seriously. In April...
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Don’t Sell DOGE Short—Yet
When he returns to the White House early next year, President-elect Donald Trump plans to appoint Elon Musk and Vivek Ramaswamy to head a new Department of Government Efficiency, or DOGE. While not an official federal department, the Administration’s plans for DOGE are similar to the Grace Commission under Ronald Reagan and the “Reinventing Government,” or “REGO,” initiative under Bill Clinton. The president will task Musk and Ramaswamy’s team with...
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Jamaica and the Failure of the Entrepreneurial State
The concept of the entrepreneurial state proposes that governments—like private enterprises—can take risks, innovate, and drive economic growth. Through direct intervention, governments can strategically invest in sectors that hold promise for the future, aiming to spark productivity and economic expansion. However, in countries like Jamaica, the limitations of the entrepreneurial state are evident, as interventions often face economic realities...
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News from Nature Conservation Policy-Makers Event in Europe
As a mentee in the Mentorship Program of World Commission on Protected Areas in Europe region, I had the opportunity to take part in the Regional Conservation Forum in Bruges, Belgium from September 30th till October 3rd, which was organized by the International Union for Conservation of Nature. I am grateful for the chance to have participated in a congress that brought together conservationists, environmentalists, politicians, and protected area...
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I, Pencil: A Corollary
“He really wouldn’t think he has built that gun, would he?”—Chief Justice John RobertsIn his seminal article, I, Pencil, Leonard Read shows that, “not a single person on the face of this earth knows how to make [a pencil].” Sure, the pencil maker knows how the near-finished parts are assembled, but the pencil maker does not possess complete knowledge of how those constituent parts—the paint, metal, eraser—were made. Nor does he know how the inputs...
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Free Markets Don’t Need Government Regulation
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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The Secret Economic Theory Behind the $100,000 Birkin Bag
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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It’s Good to be Skeptical of Elections
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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Peace as a Prerequisite for Civilization
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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Exchange is Not a Zero-Sum Game
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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Copernicus Was Also Right in Economics
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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How to Vote for Liberty
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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Today’s Pols Are All Bryanites
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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No, Affirmative Action and Merit Are Not Compatible
Supporters of affirmative action often claim that taking race or sex into account is compatible with merit-based selection. In the wake of the United State Supreme Court ban on affirmative action in college admissions, and with diversity, equity and inclusiveness schemes banned in several states, the question now arises whether promoting racial or sexual “diversity” as a component of merit remains permissible. Proponents of this type of...
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Get the Government out of the Classroom
President-elect Trump has nominated former World Wrestling Entertainment CEO Linda McMahon for Secretary of Education. President-elect Trump promised that, if confirmed, Mrs. McMahon would “spearhead” the effort to “send education back to the states.” This has led some people to wonder if Linda McMahon may be the last Secretary of Education.The Constitution does not give the federal government any role in education. Instead, education is left in...
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Biden’s Last Gasp Threatens to Destroy the World
Lame duck “President” Joe Biden and his gang of neocon controllers, overcome by hatred of Donald Trump and the near certainty that, if they do not act now, the Ukraine War will soon be settled, have set in motion a process that could destroy the world in a nuclear Armageddon.As everybody knows, Donald Trump wants to terminate the Ukraine war, and he wants to accomplish this by negotiating a settlement in which Ukraine would give up some disputed...
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On Swiss National Bank
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Heads up for NZD and CHF traders, RBNZ Gov Breman and SNB Chair Schlegel to speak
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Swiss franc appreciation has led to tighter monetary conditions – SNB minutes
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SNB Sight Deposits: decreased by 3.1 billion francs compared to the previous week
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SNB’s Chairman Schlegel: A few months of negative inflation wouldn’t be a problem
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2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
Main SNB Background Info
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